Well, a successor to JPEG called JPEG XL[1] that adds lossless compression, better lossy compression, the ability to further compress and then losslessly restor

Well, a successor to JPEG called JPEG XL[1] that adds lossless compression, better lossy compression, the ability to further compress and then losslessly restore a traditional JPEG, HDR, animation, alpha channel, lots of other technical improvements, and a commitment by a long list of major players that if one of their patents is involved, it will be licensed at zero cost...is still scheduled to be officially published this month (Oct 2019). [1] https://en.wikipedia.org/wiki/JPEG#JPEG_XL https://en.wikipedia.org/wiki/JPEG#JPEG_XL